Question Related to

What is Reinsurance ?


It is an arrangement by which insurance companies spread their risk with other underwriters or reinsurance companies called Reinsurance.

1. Proportional and Non-Proportional treaties.
2. Premium and Claims Bordereaux
3. Apportionment of premium and losses.
4. Profit Commission

What is the period of General Insurance policies?


Typically General Insurance contracts are for one year period only

How many products can i launch using this General insurance product


This would help general insurance companies to launch any number of products, maintain their customers and agents, enter proposals and policies, settle claims.